AP) — At opposite ends of Illinois, St. Louis and Chicago have
famously parried for more than a century: St. Louis snatched the 1904
Olympics even after Chicago had been named the host city, and the
disdain between St. Louis Cardinals and Chicago Cubs fans fuels one of
baseball's biggest rivalries.
Now the competitors are facing off on a new field of play in trying to woo the new global headquarters of Archer Daniels Midland Co.,
an agricultural giant that has been based for decades in the central
Illinois city of Decatur, roughly halfway between the two cities. The
multibillion-dollar company announced last week it needed better access
to its global customers, including an international airport.
But
it isn't just about the 200 executive and information technology jobs
that are part of the deal. It's also about prestige and bragging rights —
and no doubt tax revenue from the high-paying boardroom jobs— that come
with landing a company that's among the world's biggest players in
agricultural processing, ranked No. 27 on the Fortune 500 list.
Houston,
Minneapolis and Indianapolis also have been mentioned as contenders,
though ADM is staying mum about its selection process. Chicago has been floated as a favorite by experts,
largely because it's home to the nation's second busiest international
airport and behemoth businesses including McDonald's, Sears and
aircraft-maker Boeing Co. More here.
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